Question: A working knowledge of statistics is very helpful when you want to understand the statistics reported in the news. The news media and our government
a. Does an increase in rate from 4 to 6 represent an increase of 50%? Explain.
b. Why would anybody report an increase from 4 to 6 as a “50% rate jump”?
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a Yes if the rate increases from 4 to 6 that is a 50 incre... View full answer
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